CFO of ACRES Commercial Realty Corp. (NYSE: ACR) receives 7,856 merger shares
Rhea-AI Filing Summary
ACRES Commercial Realty Corp. reported that its SVP & CFO, Eldron C Blackwell, acquired 7,856 shares of Common Stock on August 6, 2026, at a stated price of $0.0000 per share, classified as a grant, award, or other acquisition in connection with a merger-related share conversion. Following this transaction, Blackwell directly holds 13,288 shares of the Company’s Common Stock.
Positive
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Insider Trade Summary
Net Buyer: 7,856 shares
Net Buy
1 txn
Insider
Blackwell Eldron C
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 7,856 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,288 shares (Direct)
Footnotes (1)
- F1. Pursuant to the Agreement and Plan of Merger, dated April 29, 2026, between ACRES Commercial Realty Corp. (the "Company") and ACRES Holdings Sub LLC, a subsidiary of the Company, on the one hand, and ACRES Capital Corp ("ACC") and ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company, on the other hand, (i) each outstanding share of common stock, $0.0001 par value per share, of ACC converted into the right to receive 2.61882 shares of common stock, $0.001 par value per share, of the Company.
Key Figures
Shares acquired: 7,856 shares
Price per share: $0.0000
Shares owned after transaction: 13,288 shares
+3 more
6 metrics
Shares acquired
7,856 shares
Common Stock acquired on 2026-08-06 via grant, award, or other acquisition
Price per share
$0.0000
Reported transaction price per share for the acquisition
Shares owned after transaction
13,288 shares
Total direct Common Stock holdings following the acquisition
Exchange ratio
2.61882
Each ACC common share converted into the right to receive 2.61882 Company shares
ACC par value
$0.0001 per share
Par value of ACRES Capital Corp. common stock in merger agreement
Company par value
$0.001 per share
Par value of ACRES Commercial Realty Corp. common stock in merger agreement
Key Terms
Agreement and Plan of Merger, par value, external manager, right to receive
4 terms
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger, dated April 29, 2026,"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
par value financial
"each outstanding share of common stock, $0.0001 par value per share, of ACC"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
external manager financial
"ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company,"
right to receive financial
"converted into the right to receive 2.61882 shares of common stock,"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock transaction did ACR's CFO Eldron C Blackwell report?
Eldron C Blackwell reported acquiring 7,856 shares of ACRES Commercial Realty Common Stock on August 6, 2026 at a stated price of $0.0000 per share, treated as a grant, award, or other acquisition tied to a merger share conversion.
Was the ACR CFO's Form 4 transaction executed under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is unchecked and the footnotes do not reference any Rule 10b5-1 plan. Accordingly, the reported 7,856-share acquisition is not identified as being executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
What roles do ACRES Capital Corp. and ACRES Capital, LLC play in relation to ACR (ACR)?
ACRES Capital Corp. (ACC) is party to the merger with ACRES Commercial Realty, and ACRES Capital, LLC, a subsidiary of ACC, serves as the Company’s external manager. ACC common shares convert into ACRES Commercial Realty shares at a 2.61882:1 exchange ratio.